🐓 Liquity Breaks DeFi Doldrums With ‘Chicken Bonds’ Offering
Hello Defiers! Here’s what we’re covering today:
👀 Defiant Premium Story for Paid Subscribers (📜Scroll to the end!)
Trending in The Defiant
The open economy is taking over the old one. Subscribe to keep up with this revolution. Click here to pay with DAI (for $100/yr) or sub with fiat by clicking on the button below ($15/mo, $150/yr).
🙌 Together with:
Ref Finance: Largest DEX on NEAR. DeFi Hub of NEAR. The DEX connecting across many chains. Efficient liquidity to users. Accumulative trading volume $4.7B+.
New Mechanism Quickly Amasses More than $5M in Deposits
By Owen Fernau
BEAR It’s been some time since DeFi users have been able to work with a new type of offering. Thank the bear market for that.
BONDS Yet on Oct. 4 there was an exception — Chicken Bonds, launched by Liquity, a collateralized debt position protocol with a market cap of $176M. Since then, Chicken Bonds have acquired $5.5M in LUSD, Liquity’s stablecoin, according to a Dune Analytics query.
Starry Night Transfers NFTs To Liquidator
NEWS Starry Night Capital, a subsidiary of bankrupt crypto hedge fund Three Arrows Capital, is moving its cherished NFT collection to Teneo, Three Arrows’ court-appointed liquidator.
Blockchain Generated $200M In The Third Quarter: Report
By: Aleksandar Gilbert 4 hours ago
YIELDS Ethereum revenue “fell off a cliff” in the third quarter of 2022, squeezing staking yields in the process, according to a recent report from crypto research firm Messari.
The Walking Dead series may be coming to an end, but the Dead continue to live on in Web3. After two public sell outs of their NFT collections, Orange Comet will be releasing their Metaverse-ready, 3D hand-sculpted avatars of some of the favorite characters from the TV series. On October 5, two 5K piece mints (one public, one passholder only) will go on sale.
The Avatars feature fan-favorites Rick, Daryl, Michonne (with her pets), Carol, Mercer and more. These high-quality digital collectibles are one of the required NFTs needed to activate the gamification of the upcoming ‘The Walking Dead Lands’ metaverse; a post-apocalyptic open-world build-and-earn experience.
The cost for the public mint will be $80, priced in ETH immediately before the mint, and if you’re a Walker Access passholder, there will be an additional 0.02 ETH discount. So even if your favorite show may be ending, get your wallets ready so you can stay connected to the TWD community.
Galxe is the leading Web3 credential data network in the world. This collaborative credential infrastructure enables brands and developers to engage communities and build robust products in Web3.
With Galxe, users can explore Web3 in learn-to-earn campaigns with over 700 partners. On the other hand, builders have the opportunity to create growth campaigns on a seamless, plug-in-play dashboard. Introducing Galxe Passport the one-click solution to verifying Web3 identities.
This is your Devcon VI Manual, and it includes everything you need to know about Devcon, the surroundings and more.
Cryptocurrency advocates and regulators can agree on one thing: Congress should pass new laws for crypto.
Trending in The Defiant
BNB Chain Slips as No. 1 Ethereum-Compatible Chain: Report Binance’s BNB Chain is losing its edge as the world’s most-used Ethereum-compatible blockchain. Daily transactions on BNB Chain still dwarf those on Ethereum, the world’s preeminent smart contract platform, but the gap has steadily narrowed over the past several months.
DeFi Lender Euler Finance Accepts USDT as Collateral Skepticism about whether USDT is fully backed by reserve assets has been around since 2017. Despite this, crypto’s largest dollar-pegged stablecoin, with a $68B market capitalization, has continued to make inroads into DeFi.
What are Gas Fees? For a system to be decentralized, it must be self-funded. In other words, there is no need for outside money to make it work. Self-funding must be incentivized to be effective.
🧑💻 ✍️ Stories in The Defiant are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, and yyctrader, and edited by Edward Robinson, yyctrader and Camila Russo. Videos were produced by Alp Gasimov. Podcast was led by Camila, edited by Alp.
Free subscribers to the newsletter get:
Daily news briefings
Sunday Weekly recap
General chat on The Defiant’s Discord server
👑Prime defiers get:
Full transcript of exclusive podcast interviews
DeFi Alpha weekly newsletter on how to put your money to work in DeFi by yyctrader and DeFi Dad
Weekly live DeFi Alpha call with yyctrader
Inbox Dump edition of The Defiant newsletter every Saturday with all the PR that didn’t make it to our content channels
Exclusive community calls with the team
Subscriber-only chats on The Defiant Discord server
Full access to The Defiant’s content archive
Click here to pay with DAI (for $100/yr) or sub with fiat by clicking on the button below ($15/mo, $150/yr).
You can start a prime membership for free right now with this link. You’ll get full access for 7 days. It’s 100% risk-free.
👀 Defiant Premium Story for Paid Subscribers
Decentralized Perpetual Exchange Outperforms Market and Rivals in Third Quarter
GMX has emerged as that rare thing in crypto these days — a high flyer posting double-digit returns.The decentralized perpetual exchange may have Binance and FTX to thank for the performance.
The two giant exchanges listed the token this week, and FTX executed a two week promotion to support the token.
To read the full story subscribe to The Defiant newsletter.
Keep reading with a 7-day free trial
Subscribe to DeFi, NFT & Web3 Insights - The Defiant to keep reading this post and get 7 days of free access to the full post archives.